HomeFloridaWakulla CountyPanacea
Panacea, Florida: commercial real estate data.
Panacea is a Census CDP of 894 people across 1.67 square miles of land, in Wakulla County. Median household income is $37,983, 48.9 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $5.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Panacea
What Panacea is
- Census place typeCDP
- Land area1.67 sq mi
- Water area0.11 sq mi
- Population per square mile of land536 plus or minus 160
- County holding the largest share of its areaWakulla County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panacea
How many people live in Panacea
- Population894 plus or minus 267
- Median age56.1 plus or minus 14.4
- Population under 18151 plus or minus 116
- Share under 1816.9 percent plus or minus 12.0
- Population 65 and over246 plus or minus 135
- Share 65 and over27.5 percent plus or minus 12.6
- Households395 plus or minus 141
- Family households296 plus or minus 114
- Share of households that are families74.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panacea
Income and work in Panacea
- Median household income$37,983
- Per capita income$19,360 plus or minus $5,582
- Civilian labor force254 plus or minus 113
- Employed207 plus or minus 93
- Unemployed47 plus or minus 75
- Unemployment rate18.5 percent plus or minus 28.4
- Adults 25 and over629 plus or minus 205
- Adults 25 and over with a high school diploma or higher73.4 percent plus or minus 17.7
- Adults 25 and over with a bachelor degree or higher22.1 percent plus or minus 13.4
- Adults 25 and over with a graduate degree12.4 percent plus or minus 11.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panacea
Housing in Panacea
- Housing units599 plus or minus 213
- Occupied units395 plus or minus 141
- Vacant units204 plus or minus 181
- Vacancy rate34.1 percent plus or minus 27.7
- Owner occupied193 plus or minus 108
- Renter occupied202 plus or minus 146
- Ownership rate48.9 percent plus or minus 21.1
- Median owner-occupied home value$105,600 plus or minus $47,499
- Median gross rent, monthly$959 plus or minus $465
- Annual rent as a share of median income30.3 percent plus or minus 15.2
- Single family units334 plus or minus 199
- Share single family55.8 percent plus or minus 26.6
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes265 plus or minus 129
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panacea
How Panacea gets to work
- Workers 16 and over who commute207 plus or minus 93
- Commuting under 15 minutes45 plus or minus 52
- Share commuting under 15 minutes21.7 percent plus or minus 23.1
- Commuting 30 minutes or more74 plus or minus 80
- Share commuting 30 minutes or more35.7 percent plus or minus 34.9
- Drove alone54.1 percent plus or minus 31.9
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked20.8 percent plus or minus 22.8
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panacea
SBA loans in Panacea (7(a))
- Approvals4
- Gross approval$5,071,500
- Average approval$1,267,875
- Median approval$1,097,000
- Largest approval$2,626,000
- Jobs supported32
- Jobs per approval8.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Panacea, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Panacea
SBA loans in Panacea (504)
- Approvals1
- Gross approval$753,000
- Average approval$753,000
- Median approval$753,000
- Largest approval$753,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Panacea, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wakulla County, not Panacea
Wakulla County context, not Panacea figures
- Establishments in Wakulla County509
- Covered employment, Wakulla County6,620
- Average annual pay, Wakulla County$48,580
- Housing units permitted, Wakulla County468
Every figure in this section is published for Wakulla County as a whole and is not a measurement of Panacea.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Panacea questions, answered from the record.
How many people live in Panacea, Florida?
894, in 395 households. Panacea CDP covers 1.67 square miles of land, which is 536 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Panacea in?
Wakulla County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Panacea?
$37,983. The median owner-occupied home is valued at $105,600. Median gross rent is $959 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Panacea businesses?
4 7(a) approvals totaling $5.1 m since FY2020, across 3 lenders, median approval $1,097,000, plus 1 504 approvals worth $753,000 since FY2010. These count approvals to borrowers whose address is in Panacea, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Panacea borrowers get paid back?
No rate is published for Panacea. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Panacea figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wakulla County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Panacea.
Is zoning published for Panacea?
No. Nothing on this page presents parcel level zoning.
Nearby